NHK: TSX.V

Chief Executive Officer: David Wiley

Chief Geologist: Michael Byron

Nighthawk Gold Corp. budgeted C$7.5 million for a 2014 exploration program at its 229,791-acre (92,993 hectares) Indin Lake gold property, located 220 kilometers (137 miles) north of Yellowknife, Northwest Territories.

This large land package blankets a number of gold deposits, including the historical Colomac open pit mine, which produced 527,908 ounces of gold during the 1990s.

The Colomac portion of the larger Indin Lake property hosts five known gold deposits - Colomac Main, Grizzly Bear, Goldcrest, Dyke Lake, and 24/27 - of which, only the main Colomac deposit was mined.

In 2013, Nighthawk reported an inferred mineral resource estimate of 39.815 million metric tons averaging 1.64 grams per metric ton (2.1 million ounces) gold.

Late in 2013, the company completed an option agreement to acquire four mining leases adjacent to the Indin Lake property that encompass two additional gold deposits - Kim and Cass.

More than 32,000 meters of drilling have historically been completed on these properties.

With much of the historical core preserved on site, Nighthawk focused much of its 2014 exploration on selective re-logging and re-sampling.

Highlights from this re-sampling include: 36.85 meters of 5.67 g/t gold; 80.7 meters of 4.53 g/t gold; 61.5 meters of 4.24 g/t gold; 52 meters of 5.1 g/t gold; and 24 meters of 9.32 g/t gold.

In July, Nighthawk launched a 14,000-meter drill program targeting four separate gold deposits - Goldcrest, Cass, Kim and Colomac.

Goldcrest, located 400 meters east of Colomac, is a primary candidate for resources expansion and is the target of 6,000 meters of drilling.

Two of the first holes drilled at Goldcrest this year substantiate a north plunging mineralized shoot: G14-05 intersected 20.25 meters of 4.83 grams per metric ton gold; and G14-04 intersected 19.6 meters of 4.19 g/t gold.

Another 4,000 meters is targeting potential extensions to high-grade gold mineralization historically drilled at Cass, a deposit located about 20 kilometers (12.5 miles) northeast of Colomac.

Approximately 13,500 meters of historic drilling traced the mineralization at Cass over a strike length of 360 meters and to a depth of 210 meters.

A 2,000-meter drill program at Kim aims to confirm and extend shallow gold mineralization to depth and along strike.

Over 18,000 meters of historic Kim drill core is stored on site.

Re-sampling of this core has returned intercepts of 20.35 meters averaging 7.94 g/t gold; 17.5 meters averaging 8.16 g/t gold; and 28.6 meters averaging 4.78 g/t gold.

The balance of the program, 2,000 meters, focused on testing the plunge of higher grade shoots at Colomac.

One such hole, C14-02, cut 25 meters grading 2.38 g/t gold Nighthawk said the summer program will lay the foundation for a subsequent winter program by expanding down plunge target opportunities that are best drilled from frozen lake setups.

Cash and short-term deposits: C$1.26 million (April 30, 2013)

Working capital: C $1.36 million (April 30, 2013;

closed C$8 million financing on June 25, 2014)

Market capitalization: C$21.03 million (Sept. 11, 2014)

Nighthawk Gold Corp.

150 York Street, Suite 410

Toronto, Ontario, M5H 3S5

Tel: 647-260-1247

Fax: 416-363-4567